Question

What action will the government take when it needs more money?
A. Hire workers
B. Lower prices
C. Hold elections
D. Increase taxes

Answer 1

Which action represents a way the federal government can promote business competition
A. Enforcing tariffs
B. Regulating investors
C. Prohibiting monopolies
D. Punishing polluters

Answer 2

Which is an example of proprietorship?
A. Edward owns a restaurant- he is responsible for all the restaurants debt.
B. Juan and Phillip own a bookstore. They are both responsible for the bookstore's debt
C. Janet and Mariam own a flower shop. They share equally in the shop's profits.
D. Roberta owns stock in a steel company. She receives a portion of the company's profits.

Answer 3

Which term completes this economic flow?
A. Income
B. Taxes
C. Investment
D. Savings

Answer 4

This table supports the conclusion that a salary-
A. Doubles once a college level is attained
B. Stays the same for the high school levels
C. Grows at the same rate for each level of education
D. Increases as the level of education increases

Answer 5

What is the first step in career planning?
A. Marketing
B. Self-assessment
C. Interviewing
D. Job search

Answer 6

D. Increase taxes

Answer 7

C. Prohibiting monopolies

Answer 8

A. Edward owns a restaurant- he is responsible for all the restaurants debt.

Answer 9

A. Income

Answer 10

D. Increases as the level of education increases

Answer 11

B. Self-assessment